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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Jun 01, 1909
Page
29
Wheat in evidence in the pit, July delivery prices swing with a firm close. Corn and oats show mixed results as cash demand remains strong and weather risks in Texas loom. receipts and weekly grain statistics noted, with futures near yesterday's close.
Special Dispatch reports May 1909 commercial failures totaled 1 028 with liabilities of 14 483 760 dollars. Manufacturing faults reached 281 failures and 7 156 140 dollars, trading failures 766 with 4 974 233 dollars, and brokers defaults 21 with 2 258 377 dollars. Overall five months ending May show the largest liabilities on record outside 1908, signaling gradual recovery amid ongoing crisis.
New York June 2 reports show flour receipts 44974? bbls exports 3224 bbls with winter varieties firm. Wheat prices mixed with No 2 red 1.47 and futures up then off. oats hay and lard also noted with varied cash values and futures activity across Chicago Milwaukee Duluth and Duluth markets.
Cincinnati June 2 1909 receipts and shipments for the past twenty four hours compare with the prior two days. Cattle hogs sheep receipts today 863 ... three days total 8 157 against 2 874 last week and 2 914 two weeks ago. Prices shift lower with steady to weak demand. best steers scarce. cows and stockers soft. hogs and calves active but mixed.
New York cotton prices firm after early nerves and irregularity with a renewed bull stance. Reports of continued rain in the Mississippi valley and bright spot demand helped futures push higher while New Orleans market eyes further buying and soil. Trades noted heavy offerings and cautious long liquidation as bulls asserted control.
In New York on June 2 money on call sits around 1 1 4 to 2 percent with ruling rate near 1 percent and time loans easing. Sterling exchange steady with bankers’ bills at 486.30 to 486.35 day, 487.00 demand. Government bonds steady. railroad bonds heavy. In Boston on June 2 money call loans 2 4 to 3 8 percent, time loans 8 5 to 5 percent. bonds feature Atchison issues and various railroads with mixed gains and losses. notable equities include General Electric 161, U S Steel 67% and other industrials trading across the board.
The New York market opened steady to higher on June 2 amid firmer overseas cables and light demand. Havre posted a 4 1/2 cent gain while the local market held net unchanged to 5 points up with 8500 bags traded including June at 7c July 6 60c and September 6 10c. Spot Rio No 7 Brazil shown mild activity across Cordova and Santos parcels with spot prices steady.
The June cotton market remains strong with active buying of new goods and convertibles noted in York. Trade reporters cite steady demand and ongoing interest from buyers and merchants.
The record notes several property deals and proposed constructions in Hyde Park and nearby areas. Plans include a $40,000 facility for visiting bishops, a $6,000 rental plan, a $1,000 lot purchase on Hazel avenue, and multiple new residences and two-story dwellings across various streets. Building code updates and plumber license deadlines are also announced.
A jumble of conveyances shows J Alphonso Riggs selling properties in Hlemere and Avondale for 9500, with many other transfers including Buddémeyer, Bramble, and Harting heirs. The text lists numerous lot boundaries, streets, and personal names as part of a broad 19th century property transfer ledger.
Ohio River at Cincinnati 1.6 feet and falling amid showers and cooler weather. Louisville and Cincinnati report river levels and departures for Pittsburg, Charleston, and Maysville with several arrivals and forecasted river movements for the coming day.
The Board of Public Service of Cincinnati Ohio invites sealed bids by June 17 1909 for paving Boudinot Avenue from Mozart Avenue to Wardall Avenue with brick curbs basins and drains according to plans on file Bids must include full names and be accompanied by a 1000 bond or certified check guaranty that a contract will be entered If bids are rejected the check is returned and if accepted it is returned on proper contract execution The board reserves the right to reject any bid June 2 1908 John J Wenner Clerk
Sealed bids from bidders named in the specifications are requested by the Board of Public Service of Cincinnati Ohio for Chase avenue improvement from Dane street to the Hamilton avenue intersection. Work includes grading, curbs, manholes, drainage, and paving with wood blocks per official plans and specs on file. Bid deadline is noon Thursday and bids must show full names of each bidder.
The Hamilton County Commissioners invite sealed proposals by June 18 1909 for bridge repair on Spring Grove Avenue over Millcreek Township opposite Procter & Gamble. Bids on blank forms from the County Commissioners office with bond, Columbus Oregon. The commission reserves right to accept or reject all bids. Attest DRETHS Clerk.
Commissioners of Mambvog County Cincinnati Ohio publish a call for proposals and contract work specifics. Bids due June 18 1960 at 2 o clock p m at the Board office for county improvements including a specified project.
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